Business news and intelligence for the renewable energy sector

Business news and intelligence for the renewable industry. The newswire goes beyond the familiar renewable markets of Western Europe and the US to encompass the potential of BRIC countries and emerging alternative energy stars in North Africa, Asia Pacific, Central and Eastern Europe.

BUCHAREST (Romania), March 3 (SeeNews) - Czech energy group CEZ said on Tuesday its earnings before interest, taxes, depreciation and amortisation (EBITDA) from power production and trade in Romania dropped by 41% to 1.4 billion Czech crowns ($57 million/51 million euro) in 2014, while EBITDA from distribution and sales rose 28% to 2.3 billion crowns.

March 3 (SeeNews) - US firm Deepwater Wind LLC has reached financial close on its 30-MW Block Island offshore wind project near the Rhode Island coast and says the park will be up and running near the end of 2016.